Days after President Fran?ois Hollande sternly told the United States to stop spying on its allies, Le Monde newspaper disclosed that France has its own program of massive data collection, which sweeps up nearly all the data transmissions, including telephone calls, e-mails and social media activity, that come in and out of France.
A Paris employment tribunal rejected former Societe Generale trader Jerome Kerviel's plea for a new expert inquiry to help overturn his dismissal in France's biggest-ever trading scandal in 2008. In a separate criminal case, Kerviel is running out of options to escape conviction and a jail sentence upheld by an appeals court in October over $6.4 billion in losses that French bank SocGen said were the result of unauthorized trades by Kerviel.
French President Francois Hollande said talks to set up a free trade agreement between Europe and the United States could begin as long as efforts to clarify U.S. surveillance tactics start in parallel. "The French position is that we cannot start trade negotiations if we don't have at the same time and date a discussion ... with the U.S. to investigate the activities of the U.S. intelligence services,"